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keel
Ledger
65,276,594
Methodology
1.0.8-draft
Age
6s

BTC against USDC — what depth stands behind this price?

All assets

BTC / USDC

GDPJ…2MZM

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
1,433.71 USDC (shortened; full value 1433.713768171685732444482068742045397746028804830129 USDC)Limited by liquidation depth
Depth within 5%
buy1,442.71 USDC (shortened; full value 1442.7152722690858623663240892842 USDC)sell1,311.41 USDC (shortened; full value 1311.41153179089092693366822277795778503509332417346 USDC)
Cost to move +50%
15,279.60 USDC (shortened; full value 15279.60579347099900815123579 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

History

Window
Resolution
Source

Price

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Lower at the end of the window than at its start

Lowest
76,738.18304068 USDC (shortened; full value 76738.18304068405488285 USDC)
Highest
81,001.88860855 USDC (shortened; full value 81001.88860855591266765 USDC)
2026-10-27T23:53:28Z — 2026-11-03T01:08:29Z
Mid price
77,101.96210196 USDC (shortened; full value 77101.9621019621019621 USDC)
8 readings from horizon, with no gaps reported. One source per chart.

Checks

What fires now, how long it has been firing across the window above, and what could not run.
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout

Not evaluated3

  • No genuine trade in 30 days
  • No genuine trade in 7 days
  • Volume may be wash traded

Evidence

The figures behind the verdict, as the engine served them.

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.

Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
+50%114,924.777225 USDC25,017.77 USDC (shortened; full value 25017.7708434222490018824709967008 USDC)15,279.60 USDC (shortened; full value 15279.60579347099900815123579 USDC)
+100%153,233.0363 USDC67,620.81 USDC (shortened; full value 67620.814340311284931440597462021 USDC)49,606.39 USDC (shortened; full value 49606.39717616158930622241567 USDC)
+1,000%842,781.69965 USDC150,720.74 USDC (shortened; full value 150720.744287049880305920820721305 USDC)49,606.39 USDC (shortened; full value 49606.39717616158930622241567 USDC)
+10,000%7,738,268.33315 USDC445,617.41 USDC (shortened; full value 445617.4149937264340329153469964871 USDC)50,385.44 USDC (shortened; full value 50385.44277616158930622241567 USDC)

Reachability on the all-venues ladder is unconditionally true whenever an active pool exists, because a constant product curve has no upper price bound. The order-book-only column is the one that answers whether a target is attainable, and it is the one Keel itself uses.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder